Singapore Property Market: Expected Rebound In Growth

By Goldstein Market Intelligence || 2018-11-27 10:24:32 AM

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According to Goldstein Research, “Significant growth in commercial real estate and affordable loans and relatively more inexpensive small apartments are the major factors for the growth of the Singapore property market.”Moreover, with healthier economic outlook, there are expectations of positive spill over effect leading to an upsurge in occupancy and rental rates for the industrial and office sector.

“Singapore Property Market Outlook 2024”

Singapore Property Market is segmented based on property type, by ownership and by investor type. Based on ownership type, buyers segment accounted for the largest market share of more than 62% in 2016, but the market has witnessed significant downturn as average property prices in UAE have dropped by +1% in the same year.

Browse Full Report: Singapore Property Market

Goldstein Research’s analyst forecasts the Singapore property market to grow gradually at a CAGR of around 7.3% to reach USD 124.6 billion by the end of forecast period owing to growing foreign investment in the country across various industries. Moreover, numerous large deals, such as the USD 2.2 billion acquisition of Jurong Point shopping mall and sales in the residential en-bloc market has significantly showcased the growth of Singapore’s property market.

En Block Sales: Major Trend

The en bloc is expected to be one of the major trends for 2017/2018, since it’s expected to push the property market growth. For instance, Amber Park had been sold via en bloc for a record USD 906.7 million. With the overall value of private residential en bloc deals already surpassing USD 3 billion for 2017, and probable to reach USD 5 billion by the end of the year, it’s likely that some of this money being re-invested into the market in 2018.

“Singapore Property Market Outlook 2024” contains a  detailed overview of the Singapore property market in terms of market segmentation by property type, by ownership and by investor type.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Singapore Property Market Report also provides a competitive outlook of some of the major players which includes profiling of companies such as City Developments Limited, EL Development Pte Ltd, Far East Organization, Frasers Centrepoint Limited etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the Singapore property market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Browse more region-specific report published by "Goldstein Research" to accumulate more facts and figures of "Property Industry"

UAE Property Market

UAE Property Market is anticipated to reach USD 132.5 billion, growing at a CAGR of 7.4% during the forecast period of 2016-2024. The report covers the present ground scenario and the future growth prospects of the UAE property market for 2016-2024 along with the total revenue of real estate sector in every region.  

India Property Market

India Property Market is expected to touch USD 272.0 billion by 2024. The housing sector alone contributes 5-6% to the country's Gross Domestic Product (GDP). The report covers the competitive landscape and current position of major players in the India property market.